Digital Access

Digital Access
Access nwherald.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.
Mobile

S&P 500 index closes at a five-year high

NEW YORK (AP) — The Standard & Poor's 500 index is closing at its highest level in five years as the stock market extends a New Year's rally.

The S&P 500 closed at 1,466 Friday, the highest since Dec. 31, 2007, before the financial crisis.

That's a gain of seven points on the day. The index is up 4.6 percent over the past week after lawmakers passed a last-minute budget agreement that avoided a set of drastic tax increases and government spending cuts.

The Dow Jones industrial average ended up 43 points at 13,435. The Nasdaq rose just one point to end at 3,101, held back by a decline in Apple.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was higher than average at 3.4 billion shares.

Loading more